Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
24 September, 2021 23:02 IST
ISGEC Heavy Engg bags order for Medical Oxygen Plants from DRDO
Source: IRIS | 15 Sep, 2021, 12.56PM
Rating: NAN / 5 stars.
Comments  |  Post Comment


ISGEC Heavy Engineering, a heavy engineering company has received an order for 25 Medical Oxygen Plants from the Defence Research & Development Organisation (DRDO), Ministry of Defence, Govt. of India. The scope of work includes Manufacturing, Supplying, Installing, and Commissioning.

These Plants have a capacity of 250 LPM (litre per minute) each and Oxygen Concentration of 93 +/- 3%. The design for these Oxygen Plants has been developed by DRDO on the Pressure Swing Adsorption (PSA) principle.

This is the first order ISGEC has received for Medical Oxygen Plants from DRDO. The project aims to augment the medical oxygen infrastructure in India in order for the nation to be in a stronger position to fight the on-going COVID-19 pandemic.

Shares of the company gained Rs 14.20, or 1.79%, to trade at  Rs 809.25.  The total volume of shares traded  was  46,745 at the BSE (11.35 a.m., Wednesday).




 Post Comment
Name Email
Comment
Security Code type    into this box
Company Update
Aurionpro Solutions expands footprint in payment business - 24-Sep-2021 19:39
Renaissance Global enters into contract with Kirin Advisors - 24-Sep-2021 19:28
JBM Auto receives orders for CNG, Electric buses - 24-Sep-2021 09:06
JBM Auto receives orders for CNG, Electric buses - 24-Sep-2021 09:05
Brigade Enterprises incorporates Tetrarch Developers as wholly-owned subsidiary - 24-Sep-2021 08:53
Adani Enterprises signs agreement with Flemingo and Mumbai Travel Retail - 23-Sep-2021 20:55
Sanghvi Movers incorporates wholly owned subsidiary company - 23-Sep-2021 20:41
Ahluwalia Contracts bags new project worth Rs 588 mn - 23-Sep-2021 18:31
Jubilant FoodWorks to acquire 25% stake in Wellversed Health - 23-Sep-2021 18:15
Sterlite Technologies launches Accellus - 23-Sep-2021 17:56
Lumax Auto Technologies incorporates subsidiary company - 23-Sep-2021 12:31
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer